In this podcast episode, Stuart discusses a captivating case study spanning over 14 years, showcasing the positive impact of their advisory process on clients. The clients, initially with a $2 million investment base, have seen their net worth grow to $6.4 million, excluding homes, through conservative asset allocation and astute financial management. Despite a volatile market, their compounding annual growth rate stands at an impressive 8.7%. The clients, now comfortably retired, attribute their success to long-term thinking, a willingness to seek and follow advice, and the ability to stay focused on their goals amid short-term market fluctuations.
The diverse asset allocation includes investments in property, bonds, infrastructure, global property, and a mix of Australian and international shares. Stuart emphasizes the importance of understanding one's risk profile and aligning it with financial goals. The clients' disciplined cash flow management, coupled with a strategic approach to spending, has contributed to their financial security. This case study underscores the significance of a trusted advisory relationship, patience in long-term investing, and staying committed to financial goals.
ASK ME A QUESTION ON YOUTUBE: https://www.youtube.com/watch?v=ACnxmEP8vv8
If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps me reach more incredible listeners like you. Thank you for being a part of this journey! :-)
Click here to subscribe to Stuart's weekly email.
SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here.
Work with Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.
IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.